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Penthouse in Old town with 360° view


€ 83,700


Penthouse in Old town with 360° view

A special apartment for creative people ! Space for life and a dizzying 360° view of the sea, city and mountains at a very attractive price! The space is also perfect for creating a hostel, coworking, office and many other projects. The house is located in the center of Batumi, on the border of the "old city", in the area of Tbilisi Square-the place of arrival and departure of intercity and international transport. In season, the area is teeming with tourists, and out of season, it is a very crowded place.

The internal area of the open-plan premises is 107.5 sq. m., and 215 sq. m. of terraces allow you to place a tent or green recreational area, or to mount a metal-plastic structure and get additional space for year-round use. A bonus to this purchase will be an operational roof of 91.4 sq. m.!

Please note that apartment offering in unfinished "black frame" condition. Our company is ready to offer several reliable contractors for the development of the apartments design and finishing in short time.

It is possible to purchase a second apartment on the 17th floor with a total area of 231.7 sq. m. (123 sq. m. room inside the exterior walls and 165 sq. m. terraces) for the same price. Uniting that spaces with a passage on the terraces, you will get a very impressive place for the implementation of your ideas!
615 square meters with panoramic views for $ 198,000 is definitely worth the money!

Why is it profitable and safe to invest in real estate in Batumi?

- Real estate and hotel business is one of the fastest growing sectors of the Georgian economy. There is an annual increase in tourists from abroad. Georgia has a visa-free regime with 94 countries.

- Free market economy, liberal society.

- Extremely low taxation for businesses, regardless of the owner's citizenship.

- The favorable environmental situation is due to the lack of large industrial production in the region.

- According to Numbeo, One of the largest rating agencies in the world, Georgia ranked 5th in the crime and security Index among 125 countries in 2018. This is confirmed by the arrival of international brands such as Sheraton, Hilton, Mariot, Radison and many others. For brands of this level, security in the country is one of the main indicators for the reception and accommodation of their guests.

- With full transparency and openness of the real estate register, any registration actions are carried out simply and in 1 day. At the same time, your rights are reliably protected by the state, and you may not be a resident of Georgia.

- An attractive place for foreign investment. Georgia was ranked 7th in the world Bank's "doing business Report" ranking of 183 countries for ease of doing business. The excellent investment climate and prospects for steady growth of the country's economy attract investors from all over the world.

Contact us for all details of proposal and get advice about best offers in Batumi!


Property ID: 29286

To restore

Floor area:
322 m²
Built in:
No. of bathrooms:
No. of bedrooms:
2 Bedrooms



Close to:
Historic centre, School, Kindergarten, Train station, Bus stop, Shopping area, Park, Public square, Leisure centre, Touristic area, Mountain, Beach.

Contact me about this property for sale

Arkadii Milev
Phone: +995579026445

see all properties for sale from Arkadii Milev

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